Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease

https://ift.tt/umpH47G
Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin exchange-traded fund (ETF) are “largely behind us.” The crypto asset manager also expects GBTC’s fees to come down “as markets mature.” Grayscale’s CEO […]

from Bitcoin News https://ift.tt/3DWLgrS